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HomeMy WebLinkAboutEDA RES 2001-19 COLUMBIA HEIGHTS ECONOMIC DEVELOPMENT AUTHORITY RESOLUTION NO. 2001-19 RESOLUTION APPROVING THE DECERTIFICATION OF PARCELS NO. 35-30-24-14-0091 AND NO. 35-30-24-14-0092 FROM THE CENTRAL DOWNTOWN BUSINESS TIF DISTRICT BE IT RESOLVED by the Board of Commissioners of the City of Columbia Heights, (the "City"), Economic Development Authority (the "Authority") as follows: 1. Background; Findings. (a) The Authority is authorized, by Minnesota Statutes, Section 469.177 subdivision 12, to request the removal of certain parcels from a Tax Increment Financing District. (b) The City previously established the Central Downtown Business TIF District (the "T[F District"). (c) Parcels No. 35-30-24-14-0091 and No. 35-30-24-14-0092 (the "Parcels") are located within the TIF District. (d) The Parcels are also located within an additional TIF district, namely Transition Block Redevelopment District No. 9. (e) The Authority determines that it is in the public interest to decertify the Parcels from the TIF District so that the Parcels are no longer located within t~vo separate TIF districts. 2. Parcels Decertified (a) The Authority hereby decertifies the Parcels from the TIF District. (b) The Authority recommends that the City approve the decertification of the Parcels from the TIF District. (c) The President and Executive Director are authorized and directed to take whatever steps are necessary to give effect to this Resolution. The President and Executive Director are also authorized and directed to execute and deliver any and all documents necessary to give effect to this Resolution. Adopted by the Board of Commissioners for the Columbia Heights Economic Development Authority on this oD-O day of November, 2001. ,d~_ ,/~ ~' A . "~es~dent'-'l~6rb-ert ~u~ttiman~ Attest: Secreta~- Cheryl Bakken f JKP-204702vl CL205-3